Nike Inc's quarterly sales missed estimates due to shipping issues and a pandemic-related slump at brick-and-mortar stores, and investors were disappointed by the world's biggest athletic shoe maker's full-year revenue forecast.
Poshmark Inc on Thursday forecast first-quarter revenue below expectations, saying the online marketplace for secondhand goods struggled with deliveries due to a harsh winter and restrictions related to the COVID-19 pandemic.
HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store's e-commerce segment as a separate business following a $500 million infusion from U.S. private equity firm Insight Partners in the online business.
Dollar Tree will reshuffle aisles of discount stores that normally focus on discretionary goods, adding more items such as groceries and toilet paper, to pull in a higher number of consumers who want to do all their shopping under one roof.
Kohl's Corp posted holiday-quarter profit and sales beyond market expectations on Tuesday, as it reined in costs and Americans loaded their online shopping carts with not just essentials but also leisure goods.
Domino's Pizza Inc on Thursday posted a slowdown in quarterly same-store sales growth, as stiff competition from rival fast-food chains, an uptick in indoor dining trends and pandemic-related costs ate into its business.
Tyson Foods Inc reported lower-than-expected first-quarter sales on Thursday amid weak meat demand at restaurants during the pandemic, sending shares down as much as 7.5%.
Under Armour forecast first-quarter revenue above estimates on higher sales at full price, as a strong Asia-Pacific and online performance helped it post a surprise holiday-quarter profit on Wednesday, sending its shares up 10%.
Russian opposition leader Alexei Navalny has been transferred to a prison hospital, supporters and officials said on Monday, 20 days into a hunger strike that has led the United States to warn Moscow of serious repercussions if he should die in jail.